Eric is a sales rep for an established building materials manufacturer. Business is good, but he is concerned that the company has spent little on new product development and has not created a new product in over five years. Without new products, Eric can market his current products only to his current customers or
A. intensify his prototyping.
B. expand his early adopter market segment.
C. market the same products to similar customers.
D. focus on concept testing.
E. diversify.
Answer: C
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If fixed costs are $39,600, the unit selling price is $42, and the variable costs are $24, what is the break-even sales (unit ) if the variable costs are decreased by $2?
A) 1,650 B) 990 C) 1,980 D) 1,350
If a contract specifies a certain carrier, a substitution of a different carrier for any reason breaches the contract.?
Indicate whether the statement is true or false
Rochford Corporation has provided the following data concerning last month's operations.?Purchases of raw materials$25,000?Indirect materials included in manufacturing overhead$5,000?Direct labor cost$58,000?Manufacturing overhead cost applied to Work in Process$73,000??BeginningEnding?Raw materials inventory$11,000$21,000?Work in process inventory$49,000$74,000Required:Determine the cost of goods manufactured for the month.
What will be an ideal response?
When an activity is created to provide goods or services to provide assistance to other departments or other governmental units, it should be accounted for in the:
A. Enterprise Fund. B. General Fixed Asset Group. C. Special Revenue Fund. D. Internal Services Fund.